No money for Jerry Brown’s high-speed choo-choo?

March 19, 2017

Via Legal Insurrection:

A few, short weeks ago, I reported that President Trump’s Secretary of Transportation halted the transfer of millions of dollars in funding for the California bullet train, our governor’s legacy project.

However, those monies were not the sole source of funding. The main source of ongoing support for the train is the income from the cap-and-trade auctions that California sponsors.

It appears as if the all the air (carbon dioxide included) has gone out of the cap-and-trade market.

Let’s pause for a moment to contemplate that last sentence. What meaning can we draw from it? 

A boondoggle was being funded by a fraud.

I’ll let you read the rest of Leslie Eastman’s post if you wish, but here’s the summary: the governor and our leftist legislature tried to find alternate sources of funding for the high-speed rail project by granting it a share of revenues expected from our cap-and-trade auctions, established under Governor Schwarzenegger in a stupid quest to fight a problem that does not exist, catastrophic man-caused global warming.

But I digress.

The original funding has been tied up in lawsuits, and the Trump administration has already made it clear it’s not going to waste public money on this project. Thus the measure to divert cap-and-trade revenues. Only, for various reasons, no one is interested in buying the modern equivalent of Confederate war bonds. The auctions raise almost no revenue, threatening the viability of the high-speed railroad.

I call this a good thing.

I’ve inveighed against this stupid project before, so I’ll spare you another rant. California has many, many needs: our finances are a mess, our roads and highways are lousy, our schools are mediocre, and our dams are crumbling.

But Jerry Brown wants his legacy: a high-speed choo-choo that won’t meet the projected speeds and ridership, and is running way past projected costs.

As Victor Davis Hanson wrote:

Governors who cannot build a reservoir have little business fantasizing about 200-mph super trains.

Let’s hope the failure of the cap-and-trade auctions is the pinprick that finally bursts the Governor’s fantasy bubble.

h/t SteveinTN

PS: Speaking of aging infrastructure, we have another crumbling reservoir.


Bank of England: “Climate change a ‘huge’ financial risk”

September 30, 2015

The only “financial risk” is being bilked into bankruptcy by the Green Cult and its cronies.

Watts Up With That?

climate-cash

Guest essay by Eric Worrall

The Bank of England has stepped into the climate fray, with a claim that climate change poses a huge financial risk to UK based businesses. For once I believe the Bank of England is absolutely correct (more below).

According to the Sydney Morning Herald;

Bank of England Governor Mark Carney said Britain’s insurers face potentially “huge” exposure to shifts in climate-change policy and Group of 20 nations need to do more to combat associated financial-stability risks.

“The challenges currently posed by climate change pale in significance compared with what might come,” Mr Carney said in a speech at a Lloyd’s of London dinner.

“Once climate change becomes a defining issue for financial stability, it may already be too late.”
England’s central bank has been looking into the economic and financial-stability risks posed by climate change and Carney spoke as the BoE published a report on…

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Touchy Feely Science – one chart suggests there’s a ‘pHraud’ in omitting Ocean Acidification data in Congressional testimony

December 23, 2014

If true, this could be the “Climategate” moment for ocean acidification. The level of “noble cause corruption” in the climate alarmist camp is scary.

Watts Up With That?

“…startling data omission that he told me: “eclipses even the so-called climategate event.””

Willis Eschenbach tips me to a story by Marita Noon, titled:

What if Obama’s climate change policies are based on pHraud?

I’ve reproduced portions of it here, with a link to the full article. The graph with ALL the data is compelling.


“Ocean acidification” (OA) is receiving growing attention. While someone who doesn’t follow climate change science might think OA is a stomach condition resulting from eating bad seafood, OA is claimed to be a phenomenon that will destroy ocean life—all due to mankind’s use of fossil fuels. It is a foundational theory upon which the global warming/climate change narrative is built.

The science and engineering website Quest, recently posted: “Since the Industrial Revolution in the late 1700s, we have been mining and burning coal, oil and natural gas for energy and transportation. These processes release…

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1971 – World’s Top Climate Scientists Said Fossil Fuels Would Cause An Ice Age By 2020

June 9, 2014

Amusing. In 1971, “top climate scientists” were screaming about a coming ice age and that CO2 was nothing to worry about, then, suddenly they were all about the warming. And the name James Hanson appears in both camps… What a coincidence.

Real Science

In 1971, the world’s top climate scientists Schneider, Hansen and Rasool predicted that burning fossil fuels would trigger an ice age. They also determined that CO2 was nothing to worry about.

ScreenHunter_380 Jun. 08 22.26ScreenHunter_388 Jun. 08 22.30

ScreenHunter_389 Jun. 08 22.31U.S. Scientist Sees New Ice Age Coming

A few years later they realized that there was much more research money available for global warming, so they changed their scientific judgment to say the exact opposite of what they said in 1971.

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The most ridiculous predictions made on Earth Day, 1970

April 25, 2014
AlGore

The end is nigh!

With modern-day eco-doom cultists predicting catastrophe almost daily unless we DO SOMETHING NOW!!!, my friend Jon Gabriel decided to take a look back at 13 apocalyptic predictions made for the first Earth Day, way back in the Nixon administration. Here are a couple of goodies:

“[One] theory assumes that the earth’s cloud cover will continue to thicken as more dust, fumes, and water vapor are belched into the atmosphere by industrial smokestacks and jet planes. Screened from the sun’s heat, the planet will cool, the water vapor will fall and freeze, and a new Ice Age will be born.” — Newsweek magazine

“The world has been chilling sharply for about twenty years. If present trends continue, the world will be about four degrees colder for the global mean temperature in 1990, but eleven degrees colder in the year 2000. This is about twice what it would take to put us into an ice age.” — Kenneth Watt

Funny, I don’t recall any glaciers showing up in Los Angeles in the last few years…

Read the rest for 11 more amazing predictions of doom and bookmark it for reference for when someone tries to sell you on global warming.


But… But… But I thought wind power would save the planet!

February 17, 2011

Apparently they don’t do well in harsh winters, which isn’t good for their customers:

A $200-million wind farm in northern New Brunswick is frozen solid, cutting off a supply of renewable energy for NB Power.

The 25-kilometre stretch of wind turbines, 70 kilometres northwest of Bathurst, has been shut down for several weeks due to heavy ice covering the blades. GDF Suez Energy, the company that owns and operates the site, is working to return the windmills to working order, a spokeswoman says.

“We can’t control the weather,” Julie Vitek said from company headquarters in Houston.

No, really?

Let’s see. Wind power has been sold to us by the Green Statists as one of the perfect solutions for a problem that does not exist, anthropogenic global warming. Trouble is, wind turbines are no good when the wind is too slow or too fast. They still require old-fashioned electrical power stations to be online constantly as backups. They are sound neither from an economic nor an engineering standpoint. The need lavish subsidies to turn a profit at all.

And now they can’t keep the heat running when you need it most.

Genius.

via Fausta

(Crossposted at Sister Toldjah)


How GM did not pay back its loan

May 1, 2010

At Reason.TV, Nick Gillespie explains just how big a lie GM Chairman Ed Whitacre has been telling in those recent commercials in which he brags of paying off the company’s government loans early and in full:

Yes, GM and the Obama administration really do think we’re that stupid.